Mixed-Use Live-Work
409 N SPRINGFIELD ROAD Clifton Heights, PA 19018
For Sale
$250,000
MULTI_FAMILY - CLIFTON HEIGHTS, PA
Property Size2,000 SF
Price / SF$125
Days on Market78
Property Features for 409 N SPRINGFIELD ROAD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Standard status
- Active
- Size
- 2,000 SF
Building Details
- Year built
- 1951
Listing Agency:
BHHS Fox & Roach Center City-Society Hill
(215) 627-6005
Listed By:
Tam D'Angelo · License #RS345990
(267) 423-3077
Added: May 8
Changed: Jul 23
Last Checked: Jul 24 at 12:06AM
MLS# PADE2114890
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use live-work building combines a high-visibility commercial space on the first floor with a three-bedroom apartment above. The property was recently renovated to modern standards less than three years ago. The upper-level apartment features an open layout and abundant natural light, along with modern amenities and an ROl built-in.
The first-floor space is positioned along a busy road, supporting day-to-day accessibility and visibility. Located in Clifton Heights, PA 19018, the property is also described as being near Philadelphia International Airport and major highways.
The commercial and residential configuration offers flexibility for owner-occupants or investors. The property may also be purchased as a package with 401 North Springfield Rd., depending on buyer goals and financing.
The first-floor space is positioned along a busy road, supporting day-to-day accessibility and visibility. Located in Clifton Heights, PA 19018, the property is also described as being near Philadelphia International Airport and major highways.
The commercial and residential configuration offers flexibility for owner-occupants or investors. The property may also be purchased as a package with 401 North Springfield Rd., depending on buyer goals and financing.
Key Highlights
- 1951‑built mixed‑use property at 409 N Springfield Rd with commercial space on the first floor and a 3‑bedroom apartment above
- Recently renovated less than 3 years ago with updated, modern interiors
- First‑floor commercial space offers direct visibility and access along a busy road
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $18.00 |
| − Vacancy | −$4.3k | −$2.16 |
| EGI | $31.7k | $15.84 |
| − OpEx | −$11.9k | −$5.94 |
| NOI | $19.8k | $9.90 |
2,000 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$468.4K
$409.9K – $546.5K
NOI $32,789 @ 7.0% cap · market cap 13.12%
Second Best
Mixed Use
$282.9K
$247.5K – $330.0K
NOI $19,800 @ 7.0% cap · market cap 7.92%
Theoretical Best
Office A
$606.4K
$530.6K – $707.5K
NOI $42,447 @ 7.0% cap · market cap 16.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
FAQs
What type of property is this?
Live-work space - First-floor commercial space with a three-bedroom apartment above in a recently renovated mixed-use building.
Where is this live-work space located?
The property is located at 409 N SPRINGFIELD ROAD Clifton Heights, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1951‑built mixed‑use property at 409 N Springfield Rd with commercial space on the first floor and a 3‑bedroom apartment above; Recently renovated less than 3 years ago with updated, modern interiors; First‑floor commercial space offers direct visibility and access along a busy road
